16 Days on Market
Condo for Sale
$499,500
1 bd · 1 ba · 791 sqft
601 NE 27th St # 1505, Miami, FL 33137
THE CRIMSON CONDO
121 NE 5th Street # 401B, Miami, FL 33132
$439,0000 Beds1 Baths447 Sq. Ft.$982 / sq. ft.
Miami, FL 33132 · MLS# A11961990 · Active · 501 First Residences
Status
Active
Type
Condominium
Year Built
2025
Days on Market
257
MLS #
A11961990
County
Miami-Dade County
Description of 121 NE 5th Street # 401B, Miami, FL 33132
Investor-friendly turnkey studio at 501 First Residences—one of Downtown Miami’s newest buildings allowing legal daily rentals, ideal for Airbnb-style income strategies. Unit 401B offers 385 SF (36 m²) featuring an efficient open floor plan, floor-to-ceiling windows, and a private balcony designed to maximize guest appeal. Offered fully furnished with blinds and sofa bed, this residence includes private storage and is ready for immediate rental operation. Its flexible layout and low-maintenance design make it a strong option for investors seeking consistent short-term rental demand in a high-growth urban location. Enjoy access to modern amenities, fitness center, social lounges, and a central location steps from Miami Worldcenter, transit, entertainment, and cultural venues. A smart, income-producing opportunity in Miami’s evolving rental landscape.
Property Details for 121 NE 5th Street # 401B, Miami, FL 33132
- Bathrooms Full
- 1
- Interior Features
- First Floor Entry
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Flooring
- Ceramic Floor
- Heating
- Central
- Cooling
- Central Air
- Furnished
- Furnished,Turn Key Furnished
- Architectural Style
- High Rise
- Garage Spaces
- 0
- Parking Features
- None
- Pool Private
- No
- Year Built Details
- New Construction
- Property Condition
- New Construction
- Direction Faces
- South
Building Information for 121 NE 5th Street # 401B, Miami, FL 33132
- Building Name
- 501 First Residences
- Building Area Units
- Square Feet
- Stories Total
- 40
- Entry Level
- 4
- Association
- Yes
- Association Fee
- $563
- Association Fee Frequency
- Monthly
- Association Amenities
- Exercise Room, Kitchen Facilities, Pool
- Pets Allowed
- Restrictions Or Possible Restrictions
- Security Features
- Doorman, Elevator Secure, Lobby Secured
Property Information for 121 NE 5th Street # 401B, Miami, FL 33132
- Waterfront
- No
- View
- Skyline
- Construction Materials
- CBS Construction
- Exterior Features
- East Of Us1
- New Construction
- Yes
Public Records for 121 NE 5th Street # 401B, Miami, FL 33132
- Parcel Number
- 00-00-00-000-0401
- Tax Annual Amount
- 0
- Tax Year
- 2025
- Tax Legal Description
- 501 First Residences
- County Or Parish
- Miami-Dade County
Payment Calculator
Estimated Payment
$3,405/mo
- Principal & Interest
- $2,220
- Property Taxes
- $402
- Home Insurance
- $220
- HOA Dues
- $563
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
Location
121 NE 5th Street # 401B, Miami, FL 33132 · See all Miami condos for sale
Courtesy of Optimar International Realty
Similar Homes in Miami
Newly Listed
Condo for Sale
$419,000
2 bd · 2.5 ba · 1,370 sqft
15015 SW 49th Lane # A-113, Miami, FL 33185
27 Days on Market
Condo for Sale
$495,000
1 bd · 2 ba · 732 sqft
851 NE 1st Ave # 510, Miami, FL 33132
PARAMOUNT MIAMI WORLDCENT
Newly Listed
Condo for Sale
$385,000
2 bd · 1 ba · 736 sqft
151 SE 1st St # 1702, Miami, FL 33131
CENTRO CONDO
233 Days on Market
Condo for Sale
$515,000
1 bd · 2 ba · 649 sqft
1300 S Miami Ave # 2308, Miami, FL 33130
1300 S Miami Residences
30 Days on Market
Condo for Sale
$360,000
1 bd · 1 ba · 533 sqft
151 SE 1st St # 3103, Miami, FL 33131
CENTRO
173 Days on Market
Condo for Sale
$485,000
1 bd · 1 ba · 535 sqft
121 NE 5 ST # 2908, Miami, FL 33132
501 FIRST RESIDENCES
27 Days on Market
Condo for Sale
$439,500
2 bd · 1 ba · 736 sqft
151 SE 1st St # 2102, Miami, FL 33131
Centro
More information about 121 NE 5th Street # 401B, Miami, FL 33132
121 NE 5th Street # 401B is a condo for sale in Miami, FL 33132. This property was listed for sale on February 9, 2026 by Optimar International Realty, it's currently listed at $439,000. This listing's school district is Miami-Dade County Public Schools. 121 NE 5th Street # 401B is a 0-bed, 1-bath, 447 sqft condo built in 2025.